HDFC Bank’s shares are in focus after the lender posted a 2.2% YoY growth in net profit for Q3FY25, reaching Rs 16,736 crore, which fell short of Street estimates. The bank’s net revenue grew by 6.3%. Analysts recommend a ‘Buy’ rating due to strong asset quality and improvements in deposit market share.
US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet Pal
The growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. While immediate outflows from U.S. bonds are limited,